Boost for business as Treasury plans to DOUBLE interest free emergency loans

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THE TREASURY are planning to boost business by doubling the interest free loan amount to £50 million. Ministers are looking at overhauling the emergency loan programmes as firms struggle to stay af…

, the change would mean firms applying to the Coronavirus Large Business Interruption Loan Scheme can now get up to £50m.This originally applied to companies with sales of between £45m and £500m, but that figure could also be raised.

Despite the new plans not yet being finalised, they could be announced by the Chancellor Rishi Sunak as soon as next week., the scheme encourages banks to lend to struggling small businesses with the government covering 80 per cent of the amount.Give now to The Sun's NHS appealBut while they are helping save lives, who is there to help them?The Who Cares Wins Appeal aims to get vital support to staff in their hour of need.

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watching you watch me threw my third eye I see plans within plans

I’m an oap and can’t afford to live on state pension conservatives increase to £1000 pm at least needed !!

It’s Priti & sunak to the rescue ‼️

Start sharpening your pitchforks people this is gonna get spicy

Where is all the money coming from?

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 /  🏆 64. in JP

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